Thinking about buying in Ravenswood? Now could not be a better time, with a whopping 2161 properties either residential or commercial there's certainly plenty to choose from.
The average property price for this area is $322,000 with prices in this suburb ranging from $24,000 to $756,000.Distance to the coast is 41 Km.
In Ravenswood there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Ravenswood is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. Low average earnings from people in Ravenswood leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Medium density in Ravenswood necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Lower than average industry presence in Ravenswood we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Ravenswood a better buying opportunity than it may have been in the past.
|Median Weekly Rent||$227.73|
|Median Monthly Mortgage||$929.27|
|Median Persons Per Bedroom||0.84|
|Average Household Size||2.45|
|Average Cars Per Dwelling||2.13|
|Average Properties Within 50M||12.00|
|40 WARRING ST, RAVENSWOOD, TAS, 7250||3||1||Best Offer Over $245,000|
|59 FAULKNER RD, RAVENSWOOD, TAS, 7250||3||1||1||O/O $319,000|
|358 VERMONT RD, RAVENSWOOD, TAS, 7250||4||4||1||Expressions of Interest|
|6 FARADAY ST, RAVENSWOOD, TAS, 7250||3||1||1||$349,000|
|15 BONELLA ST, RAVENSWOOD, TAS, 7250||3||1||3||$379,000|
|17 ORMOND ST, RAVENSWOOD, TAS, 7250||Offers Over $389,000|
|1 HUGO PL, RAVENSWOOD, TAS, 7250||Offers Over $299,000|
Ravenswood Heights Primary School
Ravenswood State School(While the above schools are located with the suburb of Ravenswood there may also be nearby schools whose catchments cover this suburb)
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source: Australian Government Bureau of Meteorology
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